The Global Financial Crisis

Good for the London Telegraph for this round-up feature (and thanks to Robert Hiett). See, for example, the Eddie George article, on how the Fed’a assistant, the Bank of England, supposedly did not recognize the danger of forcing interest rates so low. I’m waiting for a similar sorta-apology from the arrogant wrecker, Alan Greenspan. Ayn Rand nicknamed him The Undertaker. She didn’t realize she meant: of the world economy.